Abstract

In terms of General Agreement of Tariffs and Trade (GATT) principles and the efforts of the World Trade Organisation (WTO), nations have been urged to eliminate or reduce trade barriers. Yet the inequality in the global trading regime has had an impact on developing countries. The majority of WTO members are developing countries, mostly from Africa. This article contributes to the debate on whether trade liberalization helps to alleviate poverty and promote development, with a focus on Africa. Through a detailed review of literature and documents relating to trade barriers and trade liberalization, a critical qualitative assessment is undertaken of their impact for developing countries, with special reference to Africa. In doing so, the impact of the efforts of the WTO as a forum for international trade negotiations, is examined and the challenges with respect to development in Africa are highlighted. The conclusions to the study point out that free trade is a pre-requisite for growth in Africa, but does not guarantee such growth and development; that trade liberalization may not on its own necessarily lead to growth in Africa; and that there is a need for initiatives outside the WTO agreements, such as South-South, intra-Africa agreements, including regional trade agreements. Key words: Trade barriers, trade liberalization, World Trade Organisation, development, developing countries, Africa, free trade, regionalism.

Highlights

  • Trade has played a role in the development of Africa in the last two centuries and continues to do so in present times

  • It examines the impact that the World Trade Organisation (WTO) has had for Africa as a developing region and the challenges related to development. It considers trade initiatives and steps, regional initiatives, which could promote development of African countries.Through a detailed review of literature and documents relating to trade barriers and trade liberalization, a critical qualitative assessment is undertaken of their impact for developing countries, with special reference to Africa

  • General Agreement on Tariffs and Trade (GATT) came into force in 1948 as a temporary measure to salvage some of the principles of the failed International Trade Organisation (Capling and Higgott, 2009: 315)

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Summary

Karunanidhi Reddy

In terms of General Agreement of Tariffs and Trade (GATT) principles and the efforts of the World Trade Organisation (WTO), nations have been urged to eliminate or reduce trade barriers. The majority of WTO members are developing countries, mostly from Africa. Through a detailed review of literature and documents relating to trade barriers and trade liberalization, a critical qualitative assessment is undertaken of their impact for developing countries, with special reference to Africa. The impact of the efforts of the WTO as a forum for international trade negotiations, is examined and the challenges with respect to development in Africa are highlighted. The conclusions to the study point out that free trade is a pre-requisite for growth in Africa, but does not guarantee such growth and development; that trade liberalization may not on its own necessarily lead to growth in Africa; and that there is a need for initiatives outside the WTO agreements, such as South-South, intraAfrica agreements, including regional trade agreements

INTRODUCTION
BARRIERS TO INTERNATIONAL TRADE
GLOBALIZATION AND TRADE LIBERALIZATION
OF THE WORLD TRADE ORGANISATION
The World Trade Organisation
THE DOHA DEVELOPMENT ROUND
REGIONALISM AND INTERNATIONAL TRADE
INTERNATIONAL TRADE INITIATIVES FOR DEVELOPMENT IN AFRICA
Findings
CONCLUSION
Full Text
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